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Stock Market & Financial Investment News

News Breaks
January 22, 2013
07:56 EDTCBS, CMLSInsiders see CBS potentially shopping radio business, NY Post says
While CBS insists radio is a core business, industry insiders believe CEO Les Moonves is open to a sale of the unit, possibly within the next 12 to 24 months, according to The New York Post. Cumulus Media (CMLS) has already sent out feelers to CBS Radio, according to the report, citing sources. Reference Link
News For CBS;CMLS From The Last 14 Days
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May 16, 2013
09:09 EDTCBSCC Media, CW announce broadcast agreement for iHeartRadio events
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May 15, 2013
17:09 EDTCBSGreenlight gives quarterly update on stakes
NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG).
10:49 EDTCBSSenator questions TV broadcasters' free spectrum rights, The Hill says
Democratic Senator Mark Warner questioned whether broadcast stations that pull their programming off the air should be able to keep using spectrum for free, The Hill reported yesterday. A number of TV networks have threatened to broadcast only on cable and satellite in response to the launch of Aereo. The latter service uses stations' over the air signals to send programming to consumers' Internet devices. Reference Link
May 14, 2013
10:01 EDTCBSOn The Fly: Analyst Initiation Summary
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06:28 EDTCBSCBS initiated with an Outperform at BMO Capital
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May 8, 2013
10:11 EDTCBSCBS management to meet with Needham
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May 7, 2013
11:14 EDTCMLSCumulus Media sees revenue growth in May, June
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09:22 EDTCMLSCumulus Media reports Q1 EPS (7c), consensus (6c)
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